Gold Savings Planner
How many grams of 22K gold to accumulate for each child's marriage - net of making charges and GST, while the gold price keeps rising.
A gold savings planner calculates how much gold to buy each year for a future marriage, and Richlify accounts for 22K pricing, making charges as lost weight and GST — the costs that make real purchases dearer than grams times rate — for up to three children in one plan.
Gold market & charges
Applies to all childrenREFERENCE RATEChild profile
Gold target & holdings
Investment plan
Results update live. Each rupee buys fewer grams as gold appreciates; holdings compound at the appreciation rate.
Gold accumulated
TARGET GOLD
0.0 g
Needed at marriage
PROJECTED GOLD
0.0 g
What your plan builds
SURPLUS
+0.0 g
Projected - target
VALUE AT MARRIAGE
₹0
At - prices
RECOMMENDED MONTHLY SIP
₹0
To exactly hit the gram target
YOUR PLANNED SIP
₹30,807
Runs until -
YOU'RE INVESTING EXTRA
₹0/mo
Cushion above what's required
HOLDINGS VALUE TODAY
₹0
0.0 g already held
TOTAL CASH INVESTED
₹0
Lump sum + all SIPs
UNREALISED GAIN
+₹0
0.00x your money
COST IF BOUGHT TODAY
₹0
Buy shortfall now, incl. 3% GST
Planning purposes only. Gold prices are volatile and past appreciation does not guarantee future returns. Making charges, tax and purity vary by jeweller. Consult a SEBI-registered financial advisor before investing.
How this is calculated
This planner works in grams rather than rupees, and that single decision changes everything about how the calculation behaves.
A wedding needs roughly 400 grams of jewellery, not a rupee amount. By the marriage year the rupee equivalent will have moved considerably depending on how gold performs, so a plan denominated in rupees is planning against a moving target. Setting the goal in grams fixes the real objective and lets the rupee figure float.
The second thing this planner models, which generic gold calculators do not, is the making charge as lost weight. When you buy jewellery, part of what you pay for is the making — so reaching a NET gram target means buying more GROSS grams. At a 15% making charge, 160 net grams still needed require buying 188.2 gross grams; the 28.2-gram difference is the cost of the jewellery being made, worth nearly ₹4 lakh at ₹13,733 per gram, and it is not recoverable at resale. GST (3% in India) is then added on the purchase value. Both rates are fully editable to match your jeweller.
Gold price appreciation is applied year by year rather than once at the end. Today's 22-karat price grows at your expected annual rate, so the same rupee buys progressively fewer grams as the years pass. This is the mechanism most people underestimate: buying gradually in a rising market means later contributions accumulate far less metal than earlier ones.
Each year the planner takes your total cash for that year — the lump sum in year one plus twelve monthly instalments — divides it by that year's gold price grossed up for GST, and applies the making-charge weight deduction to give net grams added. Those accumulate, and the total is compared against your target. The SIP stops one year before the marriage by default, so the gold is in hand rather than being bought at the last minute.
Recommended SIP solves the reverse problem: the monthly amount that closes the gram gap by the marriage year, given the price you expect to be paying along the way. With up to three children in one plan, the family summary adds every target, projection and recommended SIP together — and flags the case where the family total looks funded but one child is individually short.